116
116
Jan 18, 2013
01/13
by
CSPAN2
tv
eye 116
favorite 0
quote 0
and i remembered some of the earlier deficit reduction battles we had. i voted for virtually all of them. and i was thinking what is changed since those debates? and i think there have been two major changes. number one the deficit is clearly much greater, and that's an added dimension. but secondly, the -- when i think of the ways & means committee, what a change there's been in the competition. when i joined ways & means, barbara had just left the ranking member, and he then went the world bank. i worked with bill frenzel on trade. bill archer was handling the tax material, mainly and bill was working on health care. i think a second major change that effects the debate is changing composition of the republican party. i think it has moved very much more to the right describe it from the days when i joined the committee. and i think that makes it very much more difficult to handle the problems that we have before us. so let me just comment briefly on where we are. you heard the president yesterday. we've had spending cuts of a billion and a half or tril
and i remembered some of the earlier deficit reduction battles we had. i voted for virtually all of them. and i was thinking what is changed since those debates? and i think there have been two major changes. number one the deficit is clearly much greater, and that's an added dimension. but secondly, the -- when i think of the ways & means committee, what a change there's been in the competition. when i joined ways & means, barbara had just left the ranking member, and he then went the...
54
54
Jan 18, 2013
01/13
by
CSPAN
tv
eye 54
favorite 0
quote 0
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have unanimity in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't...
90
90
Jan 18, 2013
01/13
by
FBC
tv
eye 90
favorite 0
quote 0
.$8 million deficit this city is running. when they filed for bankruptcy they had wanted to $50,000 in the citibank account. john: the politician said we did not see it coming. they owed 46 million with panetta thousand of the bank? >> they're required to put 1.8 million dollars per month into koppers. john: they tried to raise money through fees like expensive parking tickets. >> i paid $500. >> but he was going 90 in the school's own. john: with that does not cover the pension obligations. >> not sandy know, vallejo, a compton, a stockton or any of their city. they are failing. john: i hear there is more civil society? volunteers working in the animal shelter, park maintenance, a neighborhood watch is starting to blossom? >> bay plant their city back. they take it themselves. so the private solution is always better. john: that is where you go when the government spends of the many. next we take this problem and see what it does to the whole state. it is not pretty. you know how to mix business... with business. and you...r
.$8 million deficit this city is running. when they filed for bankruptcy they had wanted to $50,000 in the citibank account. john: the politician said we did not see it coming. they owed 46 million with panetta thousand of the bank? >> they're required to put 1.8 million dollars per month into koppers. john: they tried to raise money through fees like expensive parking tickets. >> i paid $500. >> but he was going 90 in the school's own. john: with that does not cover the...
103
103
Jan 18, 2013
01/13
by
FBC
tv
eye 103
favorite 0
quote 0
.$8 million deficit this city is running. when they filed for bankruptcy they had wanted to $50,000 in the citibank account. john: the politician said we did not see it coming. they owed 46 millionith panetta thousand of the bank? >> they're required to put 1.8 million dollars per month into koppers. john: they tried to raise money through fees like expensive parking tickets. >> i paid $500. >> but he was going 90 in the school's own. john: with that does not cover the pension obligations. >> not sandy know, vallejo, a compton, a stockton or any of their city. they are failing. john: i hear there is more civil society? volunteers working in the animal shelter, park maintenance, a neighborhood watch is starting to blossom? >> bay plant their city back. they take it themselves. so the private solution is always better. john: that is where you go when the government spends of the many. next we take this problem and see what it does to the whole state. it is not pretty and. john: california is paradise for government workers. her
.$8 million deficit this city is running. when they filed for bankruptcy they had wanted to $50,000 in the citibank account. john: the politician said we did not see it coming. they owed 46 millionith panetta thousand of the bank? >> they're required to put 1.8 million dollars per month into koppers. john: they tried to raise money through fees like expensive parking tickets. >> i paid $500. >> but he was going 90 in the school's own. john: with that does not cover the pension...
126
126
Jan 18, 2013
01/13
by
FBC
tv
eye 126
favorite 0
quote 0
mercer came up with similar results, 557 record billion dollars deficits in the s&p 1500. and what we're talking about is what's going to happen down the road. investors are going to see these weird bookkeeping charges that are just paper charges, not cash charges just yet meaning they are going to be tossing their own company stock in there to do whatever they can to pay for the returns that are underperforming in their pension plans. i have to tell you something, these companies, do you know who they are blaming? the federal reserve. they are blaming low interest rate policies for ruining their expected rates of return so when they don't come up with the returns they expected, they have these shortfalls, right liz? a little controversy going on. >> calpers is doing pretty darn well. that's a big pension. they have finally gotten back to where they were before the crisis. there's a lot of blaming going on. you look at the super smart money out there, somebody is doing well. >> the liability side of the balance sheet that's when you see the underfunding problems, that's wh
mercer came up with similar results, 557 record billion dollars deficits in the s&p 1500. and what we're talking about is what's going to happen down the road. investors are going to see these weird bookkeeping charges that are just paper charges, not cash charges just yet meaning they are going to be tossing their own company stock in there to do whatever they can to pay for the returns that are underperforming in their pension plans. i have to tell you something, these companies, do you...
382
382
Jan 18, 2013
01/13
by
FOXNEWSW
tv
eye 382
favorite 0
quote 0
leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democrat controlled senate unlikely to pass a budget as part of a long-term deal to raise the tet ceiling, pat toomey of pennsylvania is reintroducing legislation he says will avert the u.s. from defaulting on the debt. >> we must prioritize three categories of payments. one would be debt service, interest on the debt so we would haven't default. a second would be social curt payment to seniors so they don't worry whether the check is coming or not. the third is pay for the active duty military personnel. >> the white house is
leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some...
214
214
Jan 18, 2013
01/13
by
FBC
tv
eye 214
favorite 0
quote 0
for decades this state has been running high deficits, spending, spending and spending, overborrowing and running the government programs. so you have a bunch of bad numbers. the sad part is a retired politicians look at the numbers in a lawyer they think the solution is more taxes, more spending and more government. we are trapped in a virtual circle. stuart: what is the direct link between a very active government that spends big and goes biggin to debt? show me the direct connection between that the high poverty level. >> best way to look at this is see what is happening with people leaving a little. lenore loses one person every ten minutes to other states. people are leaving companies don't want to come, they're scared of coming to illinois, much death and you can't blame them for being scared. they don't want to pay more taxes or interested that has more poor people. they want to move states that are dynamic, cutting taxes. look of other states with zero tax rates, they want to move to dynamic economies. stuart: diana workers leave and dynamic companies that want to hire do not
for decades this state has been running high deficits, spending, spending and spending, overborrowing and running the government programs. so you have a bunch of bad numbers. the sad part is a retired politicians look at the numbers in a lawyer they think the solution is more taxes, more spending and more government. we are trapped in a virtual circle. stuart: what is the direct link between a very active government that spends big and goes biggin to debt? show me the direct connection between...
275
275
Jan 18, 2013
01/13
by
MSNBCW
tv
eye 275
favorite 0
quote 0
the huge budget arguments about to take place, the huge deficit spending stuff, the huge we're going to face it again, you know, debt ceiling stuff, what is the republican strategy in dealing with the democrats? david. >> you know, mike, i was on capitol hill this week talking to top republicans, and i'm getting a sense and you're seeing it written about as well, that they would maybe like to step away from the brink about the debt ceiling. they do want to force the issue about how can they get this president to agree to additional spending cuts? the debt ceiling is a dangerous game. i think they recognize that politically. they'll push -- the question is how -- how do they push on the debt ceiling? do they say, look, we'll give you a short-term extension of the debt ceiling for a certain amount of spending cuts, or we'll give you a long-term extension like you want for even more spending cuts. can they force entitlement reform around medicare, for instance, even some of the -- in their view -- more limited things that the president wants to do around means testing and age and indexi
the huge budget arguments about to take place, the huge deficit spending stuff, the huge we're going to face it again, you know, debt ceiling stuff, what is the republican strategy in dealing with the democrats? david. >> you know, mike, i was on capitol hill this week talking to top republicans, and i'm getting a sense and you're seeing it written about as well, that they would maybe like to step away from the brink about the debt ceiling. they do want to force the issue about how can...
162
162
Jan 18, 2013
01/13
by
WETA
tv
eye 162
favorite 0
quote 0
interesting time in our history, after 9/11 post hurricane, dealing with infrastructure challenges and budget deficits and we need to expand our tax base and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate. but, most agree better education and visas for the scientists we train in the u.s. is a good start. and, remember what i.b.m.'s myerson said about continuity: it's just as important to a country, as it is to a company. >> the moment you believe there is no danger of losing your edge is when it disappears on you. >> reporter: suzanne pratt, "n.b.r.," at the watson research center. >> susie: be sure to join us on monday for our special edition on american innovation. that's it for us this friday evening. have a great weekend everyone. you, too, tom. >> tom: goodnight, susie. we'll see you online at nbr.com and back here monday night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
interesting time in our history, after 9/11 post hurricane, dealing with infrastructure challenges and budget deficits and we need to expand our tax base and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate. but, most agree better education and visas for the scientists we train in the u.s. is a good start. and, remember what i.b.m.'s myerson said about continuity: it's just as important to a country, as it is to a...
98
98
Jan 18, 2013
01/13
by
FOXNEWS
tv
eye 98
favorite 0
quote 0
immigration reform, infrastructure, building high speed rail, getting rid of the deficit. education. we have to look at very carefully how do we stay competitive internationally with manufacturing and all this stuff? so there is a lot of issues that need to be addressed. we can't just freeze and say, it's hard to negotiate with the white house. everything is hard. when i sat there in sacramento, every single thing, you just wanted to build a road, it was a major issue. you had to negotiate for two years. but you can never give up. that's the most important thing. >> gretchen: the important other story is lance armstrong and coming clean on this interview last night with oprah winfrey. what do you make of the culture that we live in now where more and more people, including yourself, find themselves in situations where they have lied? >> i've never lied. >> gretchen: you never lied? >> you talking about my scandal that i had? i came very clean when my wife asked me the simple question. this is true. i said yes. i went out to the public and i immediately said, here is the si
immigration reform, infrastructure, building high speed rail, getting rid of the deficit. education. we have to look at very carefully how do we stay competitive internationally with manufacturing and all this stuff? so there is a lot of issues that need to be addressed. we can't just freeze and say, it's hard to negotiate with the white house. everything is hard. when i sat there in sacramento, every single thing, you just wanted to build a road, it was a major issue. you had to negotiate for...
149
149
Jan 18, 2013
01/13
by
MSNBCW
tv
eye 149
favorite 0
quote 0
i didn't think it went far enough with regard to deficit reduction. i didn't think it went far enough with regard to entitlements. so i was a no vote, and i walked into the house that night and the republicans were high-fiving saying they don't have the votes and the democrats were figuring out how they could switch their votes and i said wait a minute, we came in with this president in '92, it was the largest class of women, there were 21 new women, 24 democrats. and the president was on the phone, and he said what would it take? and i said a serious discussion about entitlements, further cuts, and i'll only be your last vote because there had only been two -- in the house as you know, a tie vote goes down. >> sure. >> so i said i'd only be your 218th vote and there had been two votes i knew like this in history. one for the impeachment of andrew johnson and the other one for the draft. >> so -- >> and i said -- and they needed me. but i represented the most -- >> the president needed you, correct? >> correct. >> and the president right now needs dem
i didn't think it went far enough with regard to deficit reduction. i didn't think it went far enough with regard to entitlements. so i was a no vote, and i walked into the house that night and the republicans were high-fiving saying they don't have the votes and the democrats were figuring out how they could switch their votes and i said wait a minute, we came in with this president in '92, it was the largest class of women, there were 21 new women, 24 democrats. and the president was on the...
119
119
Jan 18, 2013
01/13
by
CSPAN
tv
eye 119
favorite 0
quote 0
he is a deficit hawk. more important than that he is a thoughtful and conscious -- voice of a conscious for the senate throughout his term on fiscal responsibility. we worked together in a very effective way to try to bring some sort of bipartisan effort into the requirement that we do something about the debt. it was really, as was mentioned, an idea that we came up with on a long plane ride i think to central america to put together a commission that then threw into the simpson bowls proposal that has become the defining memo for the effort to try to get that is under control. bob zoellick is fond of quoting a friend of his, the foreign minister of australia. we met a few months ago who said to him the united states is one debt deal away from leading the world out of fiscal chaos and disruption. we are. we truly are. we are a nation on the brink of massive economic expansion. from the place that can't is from, north dakota, you see the change in the paradigm on energy. we will go from importing country t
he is a deficit hawk. more important than that he is a thoughtful and conscious -- voice of a conscious for the senate throughout his term on fiscal responsibility. we worked together in a very effective way to try to bring some sort of bipartisan effort into the requirement that we do something about the debt. it was really, as was mentioned, an idea that we came up with on a long plane ride i think to central america to put together a commission that then threw into the simpson bowls proposal...
69
69
Jan 18, 2013
01/13
by
CSPAN2
tv
eye 69
favorite 0
quote 0
that's a structural deficit is gone and why we've achieved the highest credit rating in history. best buy with further to go to be sure, we have a very short recession faster than most other states and stronger than before to prepare for the future we invest in ourselves and had done so during the worst economic downturn in the big memory, lurch the, barry fermi transportation bureaucracy and shutting down the turnpike authority, controlling health care costs in introducing accountability and flexibility of our schools, ending the peace in the pension system, refer need immiscible health care, eliminating 6000 positions, and overcome its unions to gain concessions, constantly seeking better ways to deliver services. we have together saved the commonwealth over $11 billion so far, which in turn has enabled us to invest in education, innovation and infrastructure and to grow opportunity. there's always more to do. only this past week we propose to reform the retiree health benefits plan and consolidate 240 local housing authorities into just six regional ones without the business a
that's a structural deficit is gone and why we've achieved the highest credit rating in history. best buy with further to go to be sure, we have a very short recession faster than most other states and stronger than before to prepare for the future we invest in ourselves and had done so during the worst economic downturn in the big memory, lurch the, barry fermi transportation bureaucracy and shutting down the turnpike authority, controlling health care costs in introducing accountability and...
96
96
Jan 18, 2013
01/13
by
CNNW
tv
eye 96
favorite 0
quote 0
you were talking about debt and deficit and government spending 15, 20 years ago when nobody was that much focused on it in washington, but now they really are. here is a chance for you to take all you learned, what you learned on the way up, on the way down, in congress, in the governorship, and apply it to what is really the debate of our times. if you look, we're having a new fiscal crisis it seems every couple months. we had the debt ceiling, the fiscal crisis, and that's really the tip of the iceberg that is coming our way based on unbelievable demographics and unbelievably unsustainable government spending. what i want to do is take what i learned and hopefully apply it to again a great conundrum that now exists in washington, which is how do we get our financial house in order? >> i wish you all the very best. thank you for joining me again tonight. it's a pleasure to talk to you as it was last time. i genuinely wish you well. i'm glad you're making another go at this. good luck with it. >> i appreciate it, thanks. >>> a critic who says newtown changed everything, but the nra d
you were talking about debt and deficit and government spending 15, 20 years ago when nobody was that much focused on it in washington, but now they really are. here is a chance for you to take all you learned, what you learned on the way up, on the way down, in congress, in the governorship, and apply it to what is really the debate of our times. if you look, we're having a new fiscal crisis it seems every couple months. we had the debt ceiling, the fiscal crisis, and that's really the tip of...
356
356
Jan 18, 2013
01/13
by
FOXNEWSW
tv
eye 356
favorite 0
quote 0
it will be over debt, deficit, gun control immigration reform leading the organization will be jim macina who will take over the cash of 5.3 million and use it for discreet coalition of the policy battles. it is the most sophisticated in modern times in the use of multi targeting data. vice president giend who hazel lewded to a presidential run of his own spoke about a grass-roots approach in his announcement yesterday as conference as mayor. >> we are going to take this fight to the halls of congress. we are going to take it beyond that. we are going to go to the country making our case and let the voices, the voice of american people to be heard. >> it will be separate from the democratic national committee. the white house dmc chair debbie watson schultz. describes her as an obama outsider who never enjoyed a close relationship with the president. >> isn't that the question you would love to be asked what are you going to do with the leftover 5.3 million? >> i don't anticipate that in my life. >> a too bad hopefully you share the wealth. >> dumped several inches of snow but it claimed
it will be over debt, deficit, gun control immigration reform leading the organization will be jim macina who will take over the cash of 5.3 million and use it for discreet coalition of the policy battles. it is the most sophisticated in modern times in the use of multi targeting data. vice president giend who hazel lewded to a presidential run of his own spoke about a grass-roots approach in his announcement yesterday as conference as mayor. >> we are going to take this fight to the...
87
87
Jan 18, 2013
01/13
by
CSPAN2
tv
eye 87
favorite 0
quote 0
that if you inadd veer -- inadvertently did not disclose information, you are put at a credibility deficit with the public, and sometimes it is hard to dig out of that. it is very difficult for organizations, especially in a crisis response, to think about just releasing the information before it's asked for and remove that deficit. i've been involved in several situations where the information was available and the information was understandable and probably mitigated some of the concerns, but because of the way the companies in the government work, it was difficult to make that transparent and then catching up with that with the american public is really, really difficult. nancy and marcia, we had talked about this with jay a lot. one of the problems we have in mental anguishing impacts -- measuring the impacts of the spill in the gulf is the lack of the background of the presence of hydrocarbons as a baseline for understanding there had been a change. in the context of moving beyond the direct aims of the research that's going to be conducted with the bp money, what do you think the lar
that if you inadd veer -- inadvertently did not disclose information, you are put at a credibility deficit with the public, and sometimes it is hard to dig out of that. it is very difficult for organizations, especially in a crisis response, to think about just releasing the information before it's asked for and remove that deficit. i've been involved in several situations where the information was available and the information was understandable and probably mitigated some of the concerns, but...
124
124
Jan 18, 2013
01/13
by
LINKTV
tv
eye 124
favorite 0
quote 1
the canadian physician past three books, how attention deficit disorder rich and its and what you think about it as well as when the body says no proof the three books and the dvd of his most recent address for $300. charles, thank you for making that call. thank you so much for your call. you're getting my book, a signed copy of "static." charlotte, getting the speech from mate. david, bellingham, washington. fill the phone lines. dexter, washington read don, dallas, texas. chang, florence, oregon. to use so much for that pledge. -- thank you for that pledge. santa rosa, tucson, arizona rid keep these phone calls coming. washington. 866-359-4334. we are offering "the rich and the rest of us" summit that call that makes it possible for link tv to continue. old orchard beach, maine. thank you so much to maryland from minnesota. thank you so much for that call. 866-359-4334. kristin, utah. ruth, venice, california. thank you so much for that call, stephen, making sure that illinois is in the house. another stephen from new orleans, louisiana. san no gifts, just want to make your contribut
the canadian physician past three books, how attention deficit disorder rich and its and what you think about it as well as when the body says no proof the three books and the dvd of his most recent address for $300. charles, thank you for making that call. thank you so much for your call. you're getting my book, a signed copy of "static." charlotte, getting the speech from mate. david, bellingham, washington. fill the phone lines. dexter, washington read don, dallas, texas. chang,...
107
107
Jan 18, 2013
01/13
by
FBC
tv
eye 107
favorite 0
quote 0
he has said, the president remains committed to further reducing the deficit in a balanced way. so that is the response from the white house after the gop at its retreat in virginia came out with the possibility that perhaps we could extend the debt limit for another three months but the senate has to pass a budget, so the republicans which it has not done in four years. so. tracy: no surprise from the white us house. ashley: says no. tracy: okay, then. how about this. hank paulson says he hates the debt limit. you remember the former treasury secretary, the guy who said i need $700 billion right now? no wonder he hates it. ashley: don't we all. tracy: he has given a rare interview. we have details on that next. ashley: first a look at today's winners and losers. the dow just above the water mark. take a look. we'll be right back. ♪ chances are you've become, a better driver over the years. and one company thinks your auto insurance rates should get better too. presenting the aarp auto insurance program from the hartford. i'm a good driver. have been for years. it just makes s
he has said, the president remains committed to further reducing the deficit in a balanced way. so that is the response from the white house after the gop at its retreat in virginia came out with the possibility that perhaps we could extend the debt limit for another three months but the senate has to pass a budget, so the republicans which it has not done in four years. so. tracy: no surprise from the white us house. ashley: says no. tracy: okay, then. how about this. hank paulson says he...
77
77
Jan 18, 2013
01/13
by
MSNBC
tv
eye 77
favorite 0
quote 0
. >> sequestration and budget deficits and all of the rest. >> now, these decisions by loips of both parties over the years of who has been running it to shorten the weeks, it's all been about, well, it gives you time to go home, to be in touch with your constituents. that is the feeling. do you think it is too much time being given to campaigning? that is your argument? >> well, that is the rationale. that is what the public is told. the fact is money has become toxic in politics. that is the other big change. i mean, we're told here two things. one is the one with the most money gets the most votes and, number two, you should be spending 30 hours a week in fund raising and call time dialing for dollars. >> let me stop you there. you're told to spend -- this is on your side they want you to spend 30 hours a week making phone calls for raising money? >> yes. for money. and, you know, i'm not going to do that. i haven't done that. i'm here to govern. but the fact is my last election contest years ago i think i spent like $250,000. the total amount of money in my election contest this
. >> sequestration and budget deficits and all of the rest. >> now, these decisions by loips of both parties over the years of who has been running it to shorten the weeks, it's all been about, well, it gives you time to go home, to be in touch with your constituents. that is the feeling. do you think it is too much time being given to campaigning? that is your argument? >> well, that is the rationale. that is what the public is told. the fact is money has become toxic in...
113
113
Jan 18, 2013
01/13
by
CSPAN
tv
eye 113
favorite 0
quote 0
debt or deficit, we have exceeded now the dealt limit of $16.4 trillion. you can see in the upper left-hand side the debt clock. difficult choices on the debt if the u.s. think it's ceiling. the piece points out by mid february or early march the united states could face an unprecedented default unless it raises the debt ceiling. that was from tim geithner. further into the body of the "new york times" story i want to is share with you some of the numbers "the new york times" points out today. that could happen as early as february 15, if that happens by february 15 or early march, according to the by partisan policy center in analysis of what the government expects is $8 billion in revenue that day but it has $52 billion in spending that day, $6.8 billion in tax refunds, $3.5 in federal salaries, and $1.5 ode to military contractors and other commitments. consider again that day on february 15 f that is the day we reach the limit, the country would not have enough money to pay the bond holders let alone anyone else, more over analysts have raced questions
debt or deficit, we have exceeded now the dealt limit of $16.4 trillion. you can see in the upper left-hand side the debt clock. difficult choices on the debt if the u.s. think it's ceiling. the piece points out by mid february or early march the united states could face an unprecedented default unless it raises the debt ceiling. that was from tim geithner. further into the body of the "new york times" story i want to is share with you some of the numbers "the new york...
107
107
Jan 18, 2013
01/13
by
CSPAN
tv
eye 107
favorite 0
quote 0
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. unanimitydon't have in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something. we
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't...
175
175
Jan 18, 2013
01/13
by
CSPAN
tv
eye 175
favorite 0
quote 0
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have unanimity in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do som
., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't...
60
60
Jan 18, 2013
01/13
by
WBAL
tv
eye 60
favorite 0
quote 0
you get to pay off our deficit. >> "the suze orman show" airs saturday night at 9:00 p.m. and 12:00 a.m. but you already knew that. >> we're taking a walk on the wild side with patrick monihan. >> no, kate, don't do it. . good morning, i'm meteorologist crystal egg erwith the weather channel. let's get your forecast through the weekend and for much of next week. one thing you'll notice, no rain, no snow on the map across the southeast. our storm is quickly moving out. winter storm iago coming to an end. that means the sun is returning finally after a lot of gloomy days in the southeast. our focus will shift across the, areas with lake effects snow and much colder air coming into the northern states by the end of the weekend. 43 in chicago today. not too bad. in fact getting up to 54 in atlanta with sunshine. not a terrible friday. could be a lot worse. temperatures are coming back closer to average now. we'll have really warm weather in the southwest. about 75 for you in phoenix, 72 in los angeles. chicago enjoy those temps in the 40s because eventually this cold air makes
you get to pay off our deficit. >> "the suze orman show" airs saturday night at 9:00 p.m. and 12:00 a.m. but you already knew that. >> we're taking a walk on the wild side with patrick monihan. >> no, kate, don't do it. . good morning, i'm meteorologist crystal egg erwith the weather channel. let's get your forecast through the weekend and for much of next week. one thing you'll notice, no rain, no snow on the map across the southeast. our storm is quickly moving...
293
293
Jan 18, 2013
01/13
by
CNNW
tv
eye 293
favorite 0
quote 0
if there were, we wouldn't have a deficit. let me give you an example. february 15th. i choose that day because that might be the day. might be a little early but it might be the day that we stop being able to mess things around. okay. the federal government on that day will take in an estimated $9 billion in revenues. again, that is mostly taxes. on the same day, $52 million will need to be paid out. we've got a shortfall of $43 billion. they need to prioritize bills on that day. they can put off others. we're not entirely sure that prioritizing payments is legal but that's probably what they will have to do. the treasury could wait until it has enough revenue on hand to cover one full day's payments and means all the bills would be paid late and we know how that storts starts to look. johnny isakson is a member of the senate finance committee. senator, thank you for being with us. i wanted to talk with you for quite some time. you have an extensive, extensive business background. and you can agree that deciding to pay some bills but not others while you wait to scrap
if there were, we wouldn't have a deficit. let me give you an example. february 15th. i choose that day because that might be the day. might be a little early but it might be the day that we stop being able to mess things around. okay. the federal government on that day will take in an estimated $9 billion in revenues. again, that is mostly taxes. on the same day, $52 million will need to be paid out. we've got a shortfall of $43 billion. they need to prioritize bills on that day. they can put...
168
168
Jan 18, 2013
01/13
by
CNNW
tv
eye 168
favorite 0
quote 0
but deficit hawks insist a big deal, a so-called grand bargain is critical for jumping starting u.s. economic growth. >> we've got to reform the tax code and probably raise more revenues than we have and importantly we have to focus on controlling spending and reforming our entitlements which are right now unsustainable. delaying all of this is irresponsible. >> reporter: hard choices ahead whether the congress and the president can come together remains to be seen. christine romans, cnn, new york. >>> and, remember, you can catch a special inauguration coverage right here on cnn live coverage begins on sunday. continuing into monday. our mornings begin at 9:00 a.m. eastern. don't miss it. when you have diabetes... your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look
but deficit hawks insist a big deal, a so-called grand bargain is critical for jumping starting u.s. economic growth. >> we've got to reform the tax code and probably raise more revenues than we have and importantly we have to focus on controlling spending and reforming our entitlements which are right now unsustainable. delaying all of this is irresponsible. >> reporter: hard choices ahead whether the congress and the president can come together remains to be seen. christine...
79
79
Jan 18, 2013
01/13
by
FOXNEWS
tv
eye 79
favorite 0
quote 0
extension in order to have time to come up with a grander deal to deal with the long-term debt and deficit. jon: argument goes on. carl cameron in washington thanks. jenna: a femme-fatale or a woman of fate? a major development in the case of a woman on trial for the murder of her boyfriend. also some new details emerging in the story of manti te'o and his nonexistent girlfriend. when did the football star find out about the hoax and why did he keep the story going? questions we're looking for answers today on "happening now." ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. jon: right now some crime stories we're keeping an eye on. arizona, the state is resting its case in the high-profile trial of a woman accused of killing her former boyfriend in a jealous rage. prosecutors claimed jody aras stabbed slashed and shot travis alexander or i should say stabbed and slashed him 30 times before slitting hi
extension in order to have time to come up with a grander deal to deal with the long-term debt and deficit. jon: argument goes on. carl cameron in washington thanks. jenna: a femme-fatale or a woman of fate? a major development in the case of a woman on trial for the murder of her boyfriend. also some new details emerging in the story of manti te'o and his nonexistent girlfriend. when did the football star find out about the hoax and why did he keep the story going? questions we're looking for...
77
77
Jan 18, 2013
01/13
by
FBC
tv
eye 77
favorite 0
quote 0
out of that, hopefully, some progress being made to get this deficit and debt under control. we believe our obligation is to help prevent a debt crisis from hitting this country. republicans have had a tough spot here. the president of united states as he is not negotiating the debt ceiling. he says it is simply up to congress. it is due to spending that is already approved. the majority of republicans voted against the deal because there were no spending cuts. this was the first strategy session. we are going to have these fights throughout the spring. back to you. cheryl: we just had a guest trying to tell us to avoid the noise in washington. thank you very much, rich. dennis: let's take a look at apple shares right now. down five dollars. 1%. another tip today. an analyst says do not hang up on the iphone maker. that cancellation of orders for iphone parts, it is not tied to sell drop in demand for iphone5. apple is moving toward so-called -- screens from different suppliers. analyst who are usually critical of apple came out and said, look, this recent sellout, way overdo
out of that, hopefully, some progress being made to get this deficit and debt under control. we believe our obligation is to help prevent a debt crisis from hitting this country. republicans have had a tough spot here. the president of united states as he is not negotiating the debt ceiling. he says it is simply up to congress. it is due to spending that is already approved. the majority of republicans voted against the deal because there were no spending cuts. this was the first strategy...
252
252
Jan 18, 2013
01/13
by
CNBC
tv
eye 252
favorite 0
quote 0
it's been running a huge surplus which is the deficit of the other countries of europe that they cannot finance. >> correct. >> that is the essence of the european crisis. >> but in a global environment -- >> the whole question with respect to the u.s. is whether we can sustain our current account relationship with the rest of the world. and particularly with china. and that's a decision that the rest of the world will make. it's completely -- >> james, are we -- we added a new entitlement, obama care, which some, i don't know what that's going to cost. there's some groups, i guess they would call them, if they're too conservative, but trillions and trillions of dollars of additional entitlements that we've just layered over the entitlements we already have. are we at the right level now? is this the perfect level of promises we've made? or would you even go above where we are right now? >> well, i think the problem that we have is that our health care sector is bloated by this enormous private insurance system that we have. this sort of mixed bag of insurance schemes. that makes our he
it's been running a huge surplus which is the deficit of the other countries of europe that they cannot finance. >> correct. >> that is the essence of the european crisis. >> but in a global environment -- >> the whole question with respect to the u.s. is whether we can sustain our current account relationship with the rest of the world. and particularly with china. and that's a decision that the rest of the world will make. it's completely -- >> james, are we --...
233
233
Jan 18, 2013
01/13
by
CNBC
tv
eye 233
favorite 0
quote 0
then the risks accumulate and the federal reserve has been printing money to finance the government deficit, buying a lot of government bonds and at some point that is going to come apart and it might come apart, might come apart in a fashion that is rather like august of 2007 where things seem to be going smoothly and then all of a sudden it all falls apart and the question is do we have adequate contingency plans in place should that happen? >> right. >> i fear we do not. >> before we let you go, when these transcripts come out do they evoke any memories for you good or bad about these meetings? >> oh, well they evoke lots of memories. i haven't seen the transcripts of course. i look forward to reviewing it because that was my last full year in office. it was a wonderful experience to be there. i learned an awful lot. and certainly one of the things i reflect on is the various points that we missed that i missed and my colleagues missed. >> william poole, former st. louis fed president, thank you so much for your time. steve, thanks to you for sticking around. >> my pleasure. >> meantime
then the risks accumulate and the federal reserve has been printing money to finance the government deficit, buying a lot of government bonds and at some point that is going to come apart and it might come apart, might come apart in a fashion that is rather like august of 2007 where things seem to be going smoothly and then all of a sudden it all falls apart and the question is do we have adequate contingency plans in place should that happen? >> right. >> i fear we do not. >>...